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Norsefx
Aug 14, 2016 3:49 PM

AudChf Daily. Rejection at weekly resistance. Short

FX:AUDCHF1D
Australian Dollar/Swiss FrancFXCM

Description

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Price was rejected at the weekly resistance at 0.7550 area.

Price has now formed a swing high, looking for a retracement into 0.7492 area before going short, aiming for the 0.7240 area.

1:3 Risk vs reward setup.
shortsetupshortriskriskrewardaudAUDCHF
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